What does NFT mean and how to use NFTs?
What does NFT mean – this question is one of the trendings around the globe in recent 2 years
NFT – a word or abbreviation that has entered our lives everywhere. In the technological and non-technological world, NFT has become such a common word as, for example, online, web or internet. Image by PixMeta.com Studio
What does NFT mean – this question is one of the trendings around the globe in recent 2 years. This answer is floating in various forums, communities and networks where all kind of descriptions and definitions are spreading many of which contradict each other․ “NFT” is the word of the year for 2021 picked by the Collins Dictionary. While it continues to make headlines, many wonder what all the buzz is about and why suddenly we can encounter the term so often. Probably, you have heard that NFT is an abbreviation standing for non-fungible token.
Non-fungible token
NFT – a word or abbreviation that has entered our lives everywhere. In the technological and non-technological world, NFT has become such a common word as, for example, online, web or internet.
We’ve collected and combined a few essential points about NFT, tokens and crypto technologies which will give our readers an overview of NFTs, and perhaps we will be able to ask the most frequently asked question – what does NFT mean and how to use them?
At first sight, it may seem understanding NFTs requires technical knowledge, it must be complex and difficult. However, if you understand the meanings of fungible and token, things start to clear up. Let’s learn what does NFT mean and how people use them?